Will Focus on the Potential of Nanotechnology In
                   The Mail & Document Management Industry

STAMFORD, Conn., Oct. 15 /PRNewswire-FirstCall/ -- Robert Cordery, a Principle Fellow in Research & Development at Pitney Bowes Inc. (NYSE: PBI), and a member of the company's Technology Laboratories, will be a featured speaker at a statewide symposium on nanotechnology this week at the University of Connecticut. Cordery's remarks will reference the role of nanotechnology in business applications, particularly in mail and document management.

The Connecticut Nanotech Initiative (CNI) Fall Symposium will take place on Thursday, October 16th at the Jorgensen Auditorium on the campus of the University of Connecticut in Storrs. The symposium is designed to educate individuals who wish to learn more about nanotechnology and the exciting opportunities it offers. The full-day symposium will draw well-known experts in the field of nanotechnology, state lawmakers and other guests who are interested in this growing field of technology.

Cordery will give a 30-minute presentation on the impact of nanotechnology on the mail and document industry and how Pitney Bowes applies these leading edge technologies in business applications. He will detail how nanotechnology has the potential to improve the performance and functionality of mail and document management by detecting biohazards; improving paper handling systems; archiving documents; producing special-purpose ink jets; and securing cryptographic accounting devices.

He will also address other opportunities that could arise from the use of nano-engineered materials, such as applying a nano-particle additive to paper-path rollers to increase the life of office paper handling equipment; utilizing nano-material coatings and fillers to improve the look and feel of paper; and re-using paper coated with a nano-material to reduce the amount and cost of file storage and paper waste.

Cordery's presentation, titled "Applications of Nanotechnology and Document Management," will take place from 4:00 pm to 4:30 pm in the Jorgensen Auditorium.

"Nanotechnology is a scientific pursuit that will have a significant impact on leading business applications, particularly the mail and document management industry. Imagine business applications that help us to better detect biohazards in mail, or enhance the efficiency of archiving documents. Nanotechnology is expanding in several different industries and Pitney Bowes is leading the way in applying this technology to mail and document management services," said Cordery.

Cordery, who has a Ph.D in statistical physics from the University of Toronto, has been a member of Pitney Bowes' research and development team for nearly 20 years and has worked in many different areas related to mail and document management. He has been awarded over 60 U. S. patents.

In addition to Cordery's presentation, guests will hear lectures on the national nanotechnology initiative, molecular sieves, the interface of nanotechnology and modern genomic analyses, and biomedical applications of nanotechnology.

The overall mission of CNI and the purpose of the symposium are to enhance Connecticut's competitiveness in the emerging science and commercialization of nanotechnology, to offer forums for the support and technical exchange for those involved in nanotechnology, and to provide a platform for nanotechnology education and the effective promotion of the field. CNI believes Connecticut is well positioned to take a leadership role in nanotechnology and nanoscience.

Pitney Bowes is the world's leading provider of integrated mail and document management systems, services and solutions. The $4.4 billion company helps organizations of all sizes engineer the flow of communication to reduce costs and increase impact, and enhance customer relationships. The company's 80-plus years of technological leadership has produced many major innovations in the mailing industry and more than 3,500 active patents, with applications in a variety of markets including printing, shipping, encryption, and financial services. With approximately 33,000 employees worldwide, Pitney Bowes serves more than two million businesses through direct and dealer operations.

     Please Contact:  Adam Jeamel
                      On Behalf of Pitney Bowes
                      (860) 826-1796
                      ajeamel@gaffneybennett.com


SOURCE  Pitney Bowes
    -0-                             10/15/2003
    /CONTACT:  Adam Jeamel for Pitney Bowes, +1-860-826-1796,
ajeamel@gaffneybennett.com /
    /Web site:  http://www.pitneybowes.com /
    (PBI)

CO:  Pitney Bowes; University of Connecticut
ST:  Connecticut
IN:  OFP
SU:  TDS

KR 
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7573 10/15/2003 17:52 EDT http://www.prnewswire.com